311017_CESMED Funding_Mechanisms_Final

Total investment costs: €/$ … provide an estimate of the total project costs (in € or US$)
Budget use: specified and broken down in categories such as:
• Development costs of the programme/ project
• Implementation costs, including evaluation and monitoring
• Costs for each activity
• Other relevant categories, such as: programme management, including normal staff,
office, travel and start-up expenses; Engineering services and other technical assistance;
External consultants; Marketing; Training; Use of funds for concessional co-finance, such
as loan loss reserves or other credit enhancements or direct capital subsidies
[Note: Project management costs are the budgeted costs for general administrative services
which are not directly related to any of the project outcomes and outputs.]
Requested amount from financing source: €/$ … indicate the amount for each financial
instrument (senior loan, subordinated loan, equity, guarantee, reimbursable grant, grant)
Exit strategy (finances): Describe what happens after the programme/ project is
implemented with support from the financing source.
[Note: What is the approach when the objectives of the proposal are met and the related
investment by the funding source has been completely used up? This will mostly be related to
the longevity of the project beyond the involvement of the funding source (see below). Even
in the case the proposed project ís a one-off, short term intervention triggering certain
follow-on measures, the investing party/ies would like to know what are these measures and
how are they achieved.]
Co-financing: Indicate the sources of co-financing, and the type of co-financing (senior loan,
subordinated loan, equity, guarantee, reimbursable grant, grant) and amount of co-financing
from each source.
[Note: Successful new projects often build on an existing programme/ project infrastructure
with secured funding (e.g. adding an adaptation/mitigation component to an existing
development project-see also programmatic approach by the GEF/AF/GCF). Other
programmes/ projects need to look for funding this as well. This is related to full cost
financing offered by multilaterals and whether further co-finance is required to implement
the project.]
2.3 Expected results and benefits
This section outlines the expected results and benefits from the programme/ project.
[Note: In order to prove the impact the project actually had, it is important to establish a
baseline scenario that describes what would have happened if the project did not exist (the
establishment of the baseline scenario can at this stage be qualitative rather than
quantitative).]
Baseline conditions: describe the baseline conditions in absence of the activities, including
key issues, barriers and challenges. Examples are: baseline scenario and trends of GHG
emissions (mitigation) or vulnerabilities (adaptation); level of exposure to climate risks for
beneficiary country and groups; fiscal or balance of payment gap that prevents from
addressing the needs; shortcomings of local capital market; needs for strengthening
institutions and implementation capacity
[Note: This section should contain a brief description of the starting situation and the
relevant development activities that would/should be implemented in the absence of climate
change in the targeted sector and region.]
Specific attention to be paid to climate impacts, catalysing impacts and sustainability of
impacts:
This project is funded by the European Union and is implemented by a Human Dynamics Consortium
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